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Did the plan include filing a Form 15 for WNFT. Or not having a merger lined up for 3 years on any of the hijacked shells?
How about taking over 5 years on FORW and it still isn't generating any revenue.
The GOFF/WNFT price is down 99% since the initial pump.
But you keep the faith in Sharp and load up.
IG
So the WNFT price is down 99.57%.
IG
When is Sharp going to file - it won't be a 10-Q because he filed a Form 15 and deregistered the stock and ceased all SEC filing Obligations.
IG
Also, Park wrote a letter to shareholders.
"CLEARWATER, FL / ACCESSWIRE / December 21, 2023 / Spooz, Inc. (OTC Pink:SPZI) announces the release of the following shareholder letter:
Dear Spooz Shareholder,
By now, you are aware that I recently became the Chairman and CEO of Spooz. I am a 63-year-old Korean businessman and a US Citizen. I received my MBA from Rutgers University 24 years ago and have headquartered my businesses in the US, mostly in NJ, which includes Student Housing for Rutgers University students, Residential Multifamily apartments, Education and Day Care centers for children as well as a Multi-National commodities business. I have shipped over 160 Containers previously, and Commodities like Sugar, Chicken Paws and Liquefied Natural Gas (LNG) are not new to me or my organization."
For all of bloviating by Park about his accomplishments - why hasn't his broke ass paid the $4 million judgement against him?
Park keeps on digging - he won't put the shovel down.
IG
Typical post from a OTC novice investor.
The OTC is for trading not investing!
"Let them sell people will soak them up impatient people loss simple as that"
Park loves OTC investors and welcomes you donation to his retirement fund.
Only idiots keep holding and watching their investment disappear.
IG
Park stated Spooz had received $18 million
"CLEARWATER, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), receives $18,000,000 from the city of Kokomo, IN and the state of Indiana to fund the Harmony Villas Project."
If Spooz received $18,000,000 - it wasn't in the financials.
"Rocky H. Singh, as a newly added Director, will manage the Harmony Villas Project and will be adding an additional $5,000,000 by investment into JP 3E Holding Inc. for the project."
Where was the $5,000,000 from Rocky Singh?
The Spooz scam has been exposed.
IG
You obviously don't understand basic accounting - Park issued a press release that stated:
"JP Energy Global, wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., executed a $617.5 Million transaction (purchase and sale) for ICUMSA 45 Sugar
CLEARWATER, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC Pink: SPZI), is pleased to announce the execution of a sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar. The contract is $47,500,000 per month for the next 12 months"
What do you believe this means - "executed a $617.5 Million transaction (purchase and sale) for ICUMSA 45 Sugar"
Executing a transaction means completing an agreement between a buyer and a seller to exchange goods, services, or financial assets for money.
Where was transaction in the Q?
Why wasn't this included - of course it was a fake contract.
Do you understand the cost of a $617,500,000 Sugar contract - and Park stated that Spooz wasn't acting as a broker which means they purchase the contract and deliver the Sugar and they are paid - a Performance bond will cost 2% of the contact what Park stated.
That would be $12,350,000.00 for the performance bond.
You are posting more pinkyland wishful thinking.
I have more examples.
IG
What a bunch of nonsense - what revenue are you referring to?
"SPZI revenue is significantly higher. More lines of business. Better board of directors. The list goes on..."
There isn't any revenue - just pumping press releases.
Spooz/Park told investors about buying contracts but there wasn't anything bought or acquired.
"Agree that comparing TSNP to SPZI is silly.
SPZI revenue is significantly higher. More lines of business. Better board of directors. The list goes on..."
"CLEARWATER, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), previously known as Spooz, Inc. (OTC: SPZI), today announced the successful acquisition of 51% of Power Engineering Corporation (PEC) from Imperial Holdings, Inc."
That wasn't in subsequent event.
"CLEARWATER, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (“JP3E”), previously known as Spooz, Inc. (OTC: SPZI), today announced the successful acquisition of 51% of Power Engineering Corporation (PEC) from Imperial Holdings, Inc."
Another fake press release not in the subsequent events.
"CLEARWATER, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), receives $18,000,000 from the city of Kokomo, IN and the state of Indiana to fund the Harmony Villas Project."
Where was the $18 Million in the financials?
"JP Energy Global, wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., executed a $617.5 Million transaction (purchase and sale) for ICUMSA 45 Sugar
CLEARWATER, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC Pink: SPZI), is pleased to announce the execution of a sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar. The contract is $47,500,000 per month for the next 12 months."
Where was the payment for the Sugar contracts - where was the $47,500,000 for the March shipment.
IG
The spinning has begun.
Read the pumping press releases - and as always be specific and post your proof as to why the Park big deals didn't appear.
The filings prove that Park isn't providing truthful information.
"JP Energy Global, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., has successfully closed nine fully executed commodity contracts valued at $303 million for chicken paws
CLEARWATER, Fla., Jan. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce the execution of nine commodity contracts totaling $303,029,100 for Grade A Chicken Paws. The nine commodity contracts are the cumulative total that includes the previous commodity announced in December 2023."
Where in the financials is the payment for the Commodities contracts?
"SPZI: Three New Fully Executed Commodity Contracts; Year to Date Total $90.2 Million
DEC 29, 2023 2:35PM EST
$36.7 million value - JP Energy Global, wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., executed three transactions for chicken paws
CLEARWATER, FL / ACCESSWIRE / December 29, 2023 / JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC Pink:SPZI), is pleased to announce the execution of three commodity contracts totaling $36,774,000 for Grade A Chicken Paws."
The execution means the deal has been consummated. But Park hasn't paid for the contracts.
Then we have:
"JP Energy Global, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz Inc., successfully closed a $53.4 million commodity contract, product shipment process commenced
CLEARWATER, FL / ACCESSWIRE / December 26, 2023 / JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC:SPZI), is pleased to announce executing a $53,460,000 commodity contract for Grade A Chicken Paws.
On Dec 15, 2023, the buyer confirmed the contract, submitting a MT799, secured through a Documentary Letter of Credit (DLC). The seller, JP Energy Global, issued a performance bond to the buyer in 2% (two percent) of the amount of the financial operative instrument, received and confirmed by the seller through KEB Hana Bank Singapore for a total of 5 refrigerated containers for chicken paws of which further details on all associated contracts will be released soon. Two payments to support the contract in the amounts of $99,890 USD and $99,900 USD were deposited to the JP Energy Global account, at KEB Hana Bank Singapore"
And once again no payment for the Commodities contracts. Just more pumping nonsense.
IG
That is hilarious - they have a new auditor because Borgers is a prohibited service provider.
"SEC Charges Audit Firm BF Borgers with Fraud"
The question is why did BDPT use a fraudulent auditor?
You didn't mention that BDPT is listed as a Shell Risk.
The Securities Counsel Donald Keer doesn't have many reputable clients on the OTC.
IG
You have been on every ihub pumping board posting false and misleading information about Spooz.
Will Park file the financials today or file for an extension?
I am very interested in how Park paid for the Commodities contracts etc.
IG
I see you invested in the AVVH scam. You were pumping your ass off.
"BigMoneyChalupa
Re: I-Glow post# 17661
Sunday, 05/30/2021 7:49:28 PM
Fair enough. I personally think $15 million in revenue is probably low balling it though. Of course we will have to wait and see what the numbers actually are, because at this point it’s all speculation"
Then with WNFT:
"BigMoneyChalupa
Sunday, 06/06/2021 1:31:59 AM
THIS IS GOING TO EXPLODE TO MULTI DOLLARS Quickly"
That didn't work out very well.
And you are still holding dead money.
Your first post was on WNFT was on 06/06/2021 and the price at that time was $0.0217 and today the price is $0.005.
So you are down 77%. Keep pumping because it isn't working.
"That's why you fucking buy before everyone else starts chasing the stock"
That didn't work out very well for you on WNFT - because you were multi-dollars and that didn't happen because you believed in Sharp.
IG
How does a company survive with the Mullen business model?
"To date, Mullen has delivered 121 Class 3 vehicles for a total of $7,623,000 invoiced.
Company focused and on track to deliver 150 vehicles by EOY 2023.
Vehicles delivered are part of Randy Marion’s 1,000 Class 3 purchase order.
BREA, Calif., December 26, 2023– via InvestorWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces 63 additional Class 3 vehicles have been delivered to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the Company invoicing RMA for $3,969,000.. To-date, The Company has delivered 121 Mullen THREEs to RMA for a total of $7,623,000. The Company is on track to deliver 150 Mullen THREEs by EOY 2023."
Mullen at the time of the. Press release had delivered RMA 121 Class 3 vehicles and only sold one.
The 8bformation you are posting is from Bitcoin Treasuries - not a reliable source of information.
"About BitcoinTreasuries
BitcoinTreasuries is a collection of information about publicly traded companies and other large entities that hold BTC on their balance sheet.
Where Is the Data Sourced From?
Information about BTC holdings and cost basis is collected from available sources, such as:
Press releases
Announcements on social media
Quarterly and annual reports
Official filings with regulators, such as SEC
Stock prices and market cap are sourced from different providers, depending on availability.
Data is provided 'as is' and solely for informational purposes. We cannot guarantee the accuracy of the data."
The source you are quoting isn't accurate and they state they can't guarantee the accuracy of the data.
But you post it as fact without attempting to verify the information - typical OTC pumper.
IG
You are pumping with false and misleading information - CCTL doesn't own 5 Bitcoin - I guarantee that isn't true.
"My boy Pilsy has 5 bitcoin to sell and finance. I was thinking about this, he doesn't need to hurry. Bitcoin should move towards 100k this year. That will give him half a million to take the company forward. He has time to get things right. I think he will continue to work under radar and wait until time is right."
What mining equipment did Pillsworth use to mine the 5 Bitcoin?
IG
A MM isn't allowed to charge to file a 15c2-11.
And Pillsworth lied when he stated the DTCC was charging $20,000.
"Coin Citadel (CCTL)
@CoinCitadelCCTL
·
Jul 26, 2023
Investor Update
Form 211 was submitted in February to one market maker. Whilst the MM cannot charge to review Form211...the caveat is, they then just sent a $20,000 bill for DTCC advisory fee for review. So nothing is free.
Exploring other options without said hidden fees."
Pillsworth is claiming he filed the 15c2-11 in February 2023 and there isn't any hidden fees.
IG
That is hilarious - as the little pumping crew never post any real DD. I looked at your posts and you are a damn cheerleader - when other pumpers post false and misleading information information - you are there to say great post - Exactly... Put your pom-poms down and do some research.
Hey pumper boy as always when making unfounded accusations be specific.
"All these Bashers Flat Out Lie, Twist, and Distort anything they can........
That's why I have them ALL on Ignore......fighting a losing battle and sucks your time and energy, and for what!!!"
What are the lies - what has been twisted and distorted?
Pumpers never post any facts are real DD because they are the bottom feeders of the OTC world much like the fake valuations from stervc.
Please post some of your DD to prove that Spooz is a real company - because I would love to eviserate your pumping lies.
IG
The OTC pumpers don't want the Q1 filed because it will either be fraudulent or zero revenues.
The Q1 should explain the capital requirements to purchase the Commodities contracts.
I believe that there should be at $47,500,000 in revenue.
"CLEARWATER, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC Pink: SPZI), is pleased to announce the execution of a sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar. The contract is $47,500,000 per month for the next 12 months"
The first shipment should have been in March.
Either way the Q1 should be entertaining.
The battle cry of a novice OTC investor who doesn't understand that the OTC is for trading not investing.
You have read the facts exposing Park as a serial scammer but ignore and post your pumping nonsense.
"you embarass yourself, I could care less if it takes until christmas, I know whats under the tree will be worth the wait! slither away serpant."
When someone posts - "I could care less if it takes until Christmas" - just for edification the correct phrase is I couldn't care less.
Why don't you post your DD to prove how Park obtained the Capital to purchase the Chicken feet and Sugar contracts - I guess OTC investors believe that Park purchased the Commodities contracts and they told him - just pay us when you get a chance.
Where did Park obtain $12 Million to acquire 51% of PEC?
The pumpers like yourself ignore the facts and never post real DD because they are the bottom feeders of the OTC.
IG
I can't wait for the Quarterly Report to be filed - as it is due today.
IG
You are so unbelievably naive and gullible.
"All you need is a couple of rich people on this board to get angry enough, have a lawyer call Ihub and uncover your identities and make your life quite miserable by reporting you to the FBI, SEC, or just sue the F out of you. And every post is evidence and btw Ihub never deletes your posts. They live in perpetuity in their archives."
No Spooz insider would ever file a lawsuit against what you call a basher - because they couldn't deal with Discovery - and their scam would be exposed - such as producing the contracts for the Chicken feet and Sugar contracts and where Park obtained the capital to purchase the contracts.
Then Park would have to produce where he obtained the Capital to purchase 51% of PEC which he stated had a valuation of $24 Million - where did Park come up with $12 Million.
And the list goes on as Park would have to provide proof about all of the pumping press releases.
Park/Spooz would be exposed to more scrutiny from the SEC.
So your hopes and dreams of what you call a basher be turned over to the FBI, SEC or a lawsuit - is just more pinkyland wishful thinking.
You don't have any idea of the number of times what you call a basher has been reported to the SEC. The SEC depends on those who expose the OTC scams to do the heavy lifting in researching the OTC scams.
Why don't you ever post your DD to prove Spooz is a real company.
IG
Here is a fact no one who you call a basher has ever had a complaint filed against them for Securities Fraud - but many pumpers have been sanctioned by the SEC and dozens of social media pumpers have been prosecuted by the DOJ and sentenced to time in prison.
What you call bashers have been posting facts exposing the Park/Spooz scam.
You are upset that you were duped into investing in a scam.
IG
I see that the infamous LOI has gotten a few OTC investors again.
Real companies file an 8-K to announce when a deal has been consummated - not for a pumping Letter of Intent. This is too funny.
IG
No, he played an non-reporting SEC OTC company exactly as it should be played - the OTC is for trading not investing.
He took profits even if it was luck not skill - what he did was smart as he didn't get greedy or emotionally attached to Spooz.
Park has a history of scamming and it is foolish to believe his pumping press releases.
Since the first of January you believe that Park has over $2 Billion in commodities contracts - but no one knows where the money came from to purchase the Commodities contracts.
You could learn a valuable lesson but you are chastising the OP for taking profit.
IG
Everyone post about getting in TSNP/HMBL at trips but the facts are Tesoro Enterprises, Inc. (TSNP) stock was first mentioned in November 2020, when it was trading at $0.0069 per share.
And you didn't make a fortune - if you did you wouldn't be here hoping that Sharp will throw you a bone.
By February 2022 HUMBL had lost 95% of its value.
"ZZ
Monday, 02/07/2022 11:48:49 AM
No basis? HMBL has lost 95% of its value in 9 months (which is pretty damn impressive, even from George “TheLord” Sharps” standards!
So by 05/07/2021 the death spiral had started.
IG
There were very few that made a profit on TSNP/HMBL - most were caught chasing and holding until they were underwater.
I was 100% accurate about TSNP/HMBL being a scam - the price today is $0.0007 and they have a Prohibited Service provider.
"Mr. Sharp engaged BF Borgers CPA PC as the Company’s auditor to audit the financial statements prepared under Mr. Sharp’s supervision to allow for the necessary filings with the SEC to have the Company be subject to the reporting requirements of the SEC, including the filing of annual and quarterly financial reports."
I hope you have read about Borgers.
IG
A MM can't charge to file a 15c or 15c2-11 - so it won't cost Sharp $20K to file a 15c.
All 3 of the Sharp hijacked tickers don't have a 15c filed.
"A 15c will likely cost GS $20k and can do this with the deal when ready. don’t think this is too big of an issue. Yet you keep bringing it up."
I bring it up because shareholders don't understand the importance of filing a 15c.
Broker dealers (MMs) are not allowed to charge issuers for 15c211 submissions.
Why won't Sharp explain why he hasn't filed a 15c?
IG
Sharp is only popular with the true believers.
"I don't expect my ceo's to win a popularity contest!! I expect results!! Sometimes it takes a few years!! When you can turn 4 figures to 6 or 7 whos complaining!!"
So far the true believers in Sharp have taken 7 figures and it turned into 3 figures.
It has been over 3 years and Sharp has been the CEO of FORW for over 5 years.
I received a PM asking me how to become a Millionaire trading the Sharp tickers - I told them that they first had to be a Billionaire and the Sharp tickers would turn them into Millionaires very quickly.
The very least a CEO of a public company should do is provide truthful information and Sharp hasn't done that.
IG
According to Park there should be $47,500,000 in revenue for the Q1 - but you obviously don't understand anything about Commodities or you would know that Park would have to pay for the contracts - the Spooz investors seem to be living in pinky fantasyland - and the pinkyland money fairy is dropping money in Park so that he can purchase the fake commodities contracts.
"CLEARWATER, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC Pink: SPZI), is pleased to announce the execution of a sugar commodity contract valued at $617,500,000 for ICUMSA 45 Sugar. The contract is $47,500,000 per month for the next 12 months, which totals $570,000,000 for the year."
Let the Spooz rubes start the spinning tomorrow.
The Q1 tomorrow will have to have the PEC purchase - paying for the Commodities contracts - Park did the same thing with Nate's and they ended up in trips.
IG
But you believe it is OK for you little pumper boys to lie.
Obviously, you approve of Park lying and pumping the stock.
Where did Park obtain $221,400,000 to purchase the Chicken feet contract since Spooz isn't acting as a broker.
Park also stated that Spooz acquired 51% of PEC which Park said that it had a valuation of $24 Million - where did he obtain $12 Million for the acquisition.
Where did Park obtain the Capital to purchase - "Spooz, Inc. (OTC: SPZI), is pleased to announce the execution of a Memorandum of Understanding (“MOU") with Kerogen Resources LLC to form Kerogen Resources II LLC for the purpose of developing unconventional onshore U.S. shale assets."
This actually takes hundreds of millions to fund - "JP3E will have majority ownership and provide funding for Kerogen Resources II. Kerogen Resources will operate and have a minority stake in Kerogen Resources II."
I hope no one is so foolish to believe anything Park says.
IG
Sharp was overheard saying this about the shareholders.
"It Rubs The Lotion On Its Skin Or Else It Gets The Hose Again!"
Sharp has giving the shareholders the hose for 3 years.
IG
This is the Mullen if you are so excited about GM post on that board.
But the news today is played as Michery has been pumping loans for years.
From Michery - "Results from a comprehensive 6-month EV market exploration study and conceptual benchmark test indicate that the Mullen FIVE is conceptually highly competitive with the Tesla Model Y and Ford Mach-E. Results will support Mullen’s U.S. Department of Energy’s ATVM Loan Application for $450M."
That didn't workout very well.
But there is more:
"In January 2024, Mullen Automotive, Inc. (MULN) requested a $50 million loan from the U.S. Department of Energy's Advanced Technology Vehicles Manufacturing (ATVM) loan program to support its expansion into domestic battery manufacturing. The company also submitted a concept paper to the Department of Energy for $50 million in grant funding for its battery initiatives. The grant would support capital investment for plant equipment and tooling."
So Mullen has applied to the DOE for loans totaling $550 Million and received nothing.
Tesla received $457 Million in loans from the DOE under the ATVM program.
Michery issued a press release about - "an additional $50 million of senior secured convertible notes" - and there isn't any details on the terms of the conversion.
IG
Once again a pumping press release void of any details about the terms of the loan agreement - the financials must really suck because of the Michery pumping.
Odd that Michery didn't file an 8-K but he can provide the details in the 10-Q - so we shall see.
Michery and the insiders manipulate the price after a pumping press release - doing wash trades and spoofing.
The shorts have made a fortune and moved on.
Post your proof of a short attack.
IG
The link you provided was from a parked domain - which is meaningless.
"There sure is more coming and we are not sleeping, $$ for our Bioamber investment very very soon!
https://www.bioamber.com/lander"
"https://www.lcycic.com/en/product/biosciences-and-renewable-solutions"
The other link has nothing to do with Bioamber.
You are one desperate investor - who invested more than you could afford to lose.
IG
If you believe that Spooz is a real company - then you have no idea what you own.
"Do not need pumpers and bashers telling me what to do with MY money"
What you novice investors call bashers are those posting facts and exposing the scam.
IG
In Texas they say about scammers like Park:
Park is all Hat - No Cattle.
IG
How very clever - what are you in the 2nd grade.
If you were intelligent you would post your DD to prove what I posted isn't accurate but you are just a whiny little novice OTC investor. LMAO!
IG
Check the tracks.
IG
Examining the Chicken Paws contracts from - I started looking at commodities contracts and the Spooz press release below. There are some very serious problems - that I will provide.
"Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce the execution of nine commodity contracts totaling $303,029,100 for Grade A Chicken Paws. The nine commodity contracts are the cumulative total that includes the previous commodity announced in December 2023...
JP Energy Global commands approximately an 18% gross profit margin while minimizing risk since there is no currency risk – all transactions are in US dollars. JP Energy Global does not act as a broker; its business model is to buy and to sell these select commodities"
I just want Park to know I am going to shove a microscope up his ass to examine the Commodities contracts.
Total Revenue = $303,029,100
Gross Profit Margin = 18% Using the formula: Revenue = Cost + Profit
We can derive: Profit = Revenue * Profit Margin % = $303,029,100 * 0.18 = $54,545,238
Therefore, the Total Cost = Total Revenue - Profit = $303,029,100 - $54,545,238
= $248,483,862 For a $30 million contract, which is around 9.9% of the $303 million total, we can estimate the cost as:Cost of $30 million contract = $248,483,862 * (30/303)
= $24,592,784 So based on an 18% gross margin, the estimated cost to JP Energy Global for a $30 million chicken paws contract would be around $24.6 million.
Where is Spooz getting the capital to pay for the 9 contracts - I rounded off to $30 Million per contract.
Since Park is claiming to not be acting as a broker - Spooz has to have $221,400,000 in Capital to purchase the chicken feet contracts.
Park is issuing False and misleading information in the press releases.
Much more analysis coming.
IG
Damn, Park is desperate with a deluge of pumping press releases before Wednesday so he can dump more shares. But this is hilarious.
"CLEARWATER, Fla., May 10, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., (“JP3E”) formerly known as Spooz, Inc. (OTC: SPZI), is pleased to announce the execution of a Memorandum of Understanding (“MOU") with Kerogen Resources LLC to form Kerogen Resources II LLC for the purpose of developing unconventional onshore U.S. shale assets. JP3E will have majority ownership and provide funding for Kerogen Resources II. Kerogen Resources will operate and have a minority stake in Kerogen Resources II."
The infamous OTC MOU which is meaningless. Are the true believers idiots - first Park stated that Spooz acquired 51% of PEC and Park said the valuation of PEC was $24 Million - where did Spooz obtain the $12 Million in funding to acquire 51% of PEC?
And now Spooz who doesn't have the capital to buy a Happy Meal - but now Spooz is going to fund Kerogen Resources II.
This so ridiculous no one could possibly believe it - "to form Kerogen Resources II LLC for the purpose of developing unconventional onshore U.S. shale assets." - this would take hundreds of Millions in capital. SMH!
IG